Tax Evasion Lawyers in Alamosa
"Tax Evasion" refers to the crime of purposely failing to pay one's taxes, as required by Colorado law.
Usually, the strategy employed by tax evaders in Alamosa, Colorado is to try and make it look like they have less taxable income than they actually do. This can be done by failing to report income, concealing it, or fraudulently transferring property.
You may also be familiar with the term "tax avoidance." It is crucial that you don't confuse this with "tax evasion." Tax avoidance is perfectly legal, and is probably something that every taxpayer does whenever they file, whether they know it or not. It involves employing legal methods to make one's tax liability as small as possible, taking advantages of deductions and other tax breaks.
Penalties for Tax Evasion in Alamosa, Colorado
Under the laws of Colorado, as well as federal law, tax evasion is a very severe criminal offense.
In Alamosa, the punishments for tax evasion can range from a court order to pay back taxes, plus a small fine, and range all the way up to fines in the tens (or hundreds) of thousands of dollars, and imprisonment.
In most cases, particularly when the amount of taxes evaded is small, and it's a first offense, the punishment will normally be fairly mild. It will normally result in an order to pay the taxes the defendant owes, plus a small financial penalty. This is especially likely when it cannot be proven that the failure to pay taxes was purposeful.
But if the government is able to definitively show that a defendant in Alamosa, Colorado intentionally engaged in fraud to get out of paying taxes, a tax court is highly unlikely to show any leniency, and may well sentence the defendant to prison time.
A Alamosa, Colorado Tax Evasion Lawyer Can Help
A tax attorney in Alamosa, Colorado can ensure that you meet your tax liabilities, which will make an audit, or charge of tax evasion, less likely. Sometimes, it's difficult to determine clearly what one's tax liability is, and a tax attorney can help.
Of course, if you've really been accused of tax evasion, you should retain an Alamosa, Colorado tax lawyer immediately. If you are innocent, a tax attorney will make sure you have the best chance possible at being acquitted.